New Focus Auto Stock Price on November 29, 2021
| NWFAF Stock | USD 0.02 0.00 0.00% |
If you're considering investing in New Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of New Focus stands at 0.02, as last reported on the 17th of April 2024, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. We consider New Focus out of control. New Focus Auto has Sharpe Ratio of 0.024, which conveys that the firm had a 0.024% return per unit of risk over the last 3 months. We have found seventeen technical indicators for New Focus, which you can use to evaluate the volatility of the firm. Please verify New Focus' Standard Deviation of 5.24, risk adjusted performance of 0.0239, and Mean Deviation of 1.08 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
New Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = 0.024
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| Cash | Small Risk | Average Risk | NWFAF | Huge Risk |
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Estimated Market Risk
| 5.24 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average New Focus is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of New Focus by adding it to a well-diversified portfolio.
New Focus Valuation on November 29, 2021
It is possible to determine the worth of New Focus on a given historical date. On November 29, 2021 New was worth 0.0079 at the beginning of the trading date compared to the closed value of 0.0079. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Focus pink sheet. Still, in general, we apply an absolute valuation method to find New Focus' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of New Focus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Focus' related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
| Backtest New Focus | | | New Focus History | | | New Focus Valuation | Next |
New Focus Trading Date Momentum on November 29, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.New Focus Auto Fundamentals Correlations and Trends
By evaluating New Focus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among New Focus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New Focus Pink Sheet history
New Focus investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New Focus Auto will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing New Focus stock prices may prove useful in developing a viable investing in New Focus
New Focus Auto Tech Holdings Limited, an investment holding company, engages in the manufacture and sale of electronic and power-related automotive parts and accessories. New Focus Auto Tech Holdings Limited was incorporated in 2002 and is headquartered in Shanghai, the Peoples Republic of China. New Focus operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 889 people.
New Focus Pink Sheet Technical Analysis
New Focus technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
New Focus Period Price Range
Low | April 4, 2022
| High |
0.01 | 0.01 |
New Focus April 17, 2024 Market Strength
Market strength indicators help investors to evaluate how New Focus pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Focus shares will generate the highest return on investment. By undertsting and applying New Focus pink sheet market strength indicators, traders can identify New Focus Auto entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0079 | |||
| Day Typical Price | 0.0079 | |||
| Period Momentum Indicator | 0.0161 | |||
| Relative Strength Index | 47.09 |
New Focus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Focus' price direction in advance. Along with the technical and fundamental analysis of New Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of New to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0239 | |||
| Jensen Alpha | 0.0197 | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.0548 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Focus Auto. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the New Focus Auto information on this page should be used as a complementary analysis to other New Focus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for New Pink Sheet analysis
When running New Focus' price analysis, check to measure New Focus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Focus is operating at the current time. Most of New Focus' value examination focuses on studying past and present price action to predict the probability of New Focus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Focus' price. Additionally, you may evaluate how the addition of New Focus to your portfolios can decrease your overall portfolio volatility.
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